Industrialisation CS warns counties over excessive taxation

Sunday February 28 2016

Deputy President William Ruto (right) goes through the World Bank report on Ease of Doing Business after it was launched at Villa Rosa Kempinski Hotel in Nairobi. To the left is Industrialisation Cabinet Secretary Adan Mohammed (left) and IFC regional director Oumar Seydi. PHOTO | CHARLES KIMANI | DPPS

In Summary

Mr Mohammed especially pointed out at tax imposed on traders ferrying goods through counties as one factor killing the spirit and dynamism of entrepreneurship.

The CS said high taxes are a major disincentive to potential investors adding that traders will not set up ventures in environments that burden them with taxes.

Mr Mohammed said the government has initiated monthly dialogues between the government and the private sector to iron out issues that may affect their operations.